Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    26875 Us Hwy 380th E Aubrey, TX 76227-8368

    • Office Properties & Spaces
    • 2,656 SF
    • 3.68 lot acres
    OFF-MARKET
    Last Sale
    Jun 02, 2021
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US83-1647584
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • A GLASS in A Flash / Auto Glass Shop / Auto Glass Repair Service
    • Islamic Center of Aubrey / Mosque
    • Nails by Crystal / Nail Salon
    • Farmers Insurance - Nicole Clarke Smith / Motorcycle Insurance Agency / Renter'S Insurance Agency
    • Level X Construction / Construction Company

    Property Details for 26875 Us Hwy 380th E

    Year built
    2017
    Lot size
    3.68 lot acres
    Property size
    2,656 SF
    Property type
    Office Properties & Spaces
    APN
    R724057
    APU
    R724057

    Description

    LeezaSpace, located at 26875 US Hwy 380, Suite #132 in Aubrey, Collin County, Texas, offers a variety of flexible office spaces ideal for businesses of all sizes. This Class A property, built in 2019, features a total of 1,265 square feet across multiple suites within a larger building. Individual suites range from a minimum of 112 square feet to a maximum contiguous space of 1,250 square feet, providing options for both small startups and larger enterprises. The property is categorized as Special Purpose, Office, and Retail, and is suitable for executive offices, co-working, traditional offices, and creative office spaces. With a total of 2162 suites in the building, there is ample opportunity for networking and collaboration. Currently, 1,390 square feet of vacant space is available. The property's location in Aubrey, TX 76227, offers easy access to major transportation routes and amenities. This is a unique opportunity to secure modern, efficient, and well-designed office space in a thriving Collin County location. The building is single-story.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Aubrey
    County
    Denton
    State
    Texas
    Longitude
    -96.9075
    Latitude
    33.2204
    CBSA code
    19100
    CBSA name
    DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $14,532
    $153,774
    $566,226
    $720,000
    -
    $153,774
    $566,226
    $720,000

    Comparable in this City

    • Value Estimation by Request
      5,000 SF

      26919 University Dr

      Office space • 5,000 SF
      26919 University Dr, Aubrey, TX 76227
      View Details
    • Value Estimation
      $730,000
      4,662 SF

      26785 University Dr Ste, Unit 300

      CONDOMINIUM OFFICES • 4,662 SF
      26785 University Dr Ste, Aubrey, TX 76227-0219
      View Details
    • Value Estimation
      $755,000
      5,308 SF

      8700 Us Hwy 380

      CONDOMINIUM OFFICES • 5,308 SF
      8700 Us Hwy 380, Cross Roads, TX 76227-2659
      View Details
    • Value Estimation by Request
      1,563 SF

      8800 Us Hwy 380th Ste, Unit 850

      CONDOMINIUM OFFICES • 1,563 SF
      8800 Us Hwy 380th Ste, Cross Roads, TX 76227-4299
      View Details
    • Value Estimation by Request
      2,500 SF

      27045 University Dr Ste 1b

      CONDOMINIUM OFFICES • 2,500 SF
      27045 University Dr Ste 1b, Aubrey, TX 76227-2746
      View Details
    • Value Estimation by Request
      1,040 SF

      27045 University Dr Ste 1c

      CONDOMINIUM OFFICES • 1,040 SF
      27045 University Dr Ste 1c, Aubrey, TX 76227-2746
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,523 SF

      Aubrey Medical Office Condo

      Modern medical office suites, prime location.
      27045 University Dr, Aubrey, TX 76227
      View Details
    • Contact for pricing
      7,500 SF

      Prime Pilot Point Office Space

      7,500 SF Executive Office for Lease
      501 Pne Rdg St, Pilot Point, TX 76227
      View Details
    • $999,000
      2,365 SF

      Convertible Commercial Property in Aubrey, TX

      1.85-acre property with 2,385 sq ft home suitable for commercial use.
      6200 Mcnatt Rd, Aubrey, TX 76227
      View Details
    • Contact for pricing
      8.00 Acres

      8 Acres Aubrey, TX Land

      Prime Agricultural Land, High Visibility
      0 New Hope Rd, Aubrey, TX 76227
      View Details
    • Contact for pricing
      6.65 Acres

      Aubrey Meadows Development Site

      6.65-Acre Commercial Land, Texas
      0 Highmeadow Dr, Aubrey, TX 76227
      View Details
    • Contact for pricing
      10.30 Acres

      Cross Roads Commercial Land

      10.3 Acres, High-Traffic Intersection
      7801 Fishtrap Rd, Cross Roads, TX 76227
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      5,000 SF

      Prime Aubrey Office Space

      5,000 SF Office, Hwy 377 Exposure
      5315 Us Highway 377, Krugerville, TX 76227
      View Details
    • $900 /Mo

      Highway 380 Frontage Space

      Office or retail space for lease with highway frontage.
      8300 11, Cross Roads, TX 76227
      View Details
    • $19 SF/Yr
      18,648 SF

      8800 US Highway 380

      Medical offices • 18,648 SF
      8800 Us Hwy 380, Cross Roads, TX 76227
      View Details
    • $36 SF/Yr
      1,050 SF

      Aubrey Commercial Space For Rent

      1,000+ sqft commercial space in a developing, child-focused hub.
      3740 Fm 1385, Aubrey, TX 76227
      View Details
    • $900 /Mo
      30,405 SF

      Office and Retail Space Available

      Office and retail space for lease with highway frontage.
      8300 Us Highway 380, Aubrey, TX 76227
      View Details
    • Contact for pricing
      8,000 SF

      Service Facility with Outdoor Storage

      8,000 SF service facility on 5 acres for lease.
      10615 Fishtrap Rd, Aubrey, TX 76227
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    26875 Us Hwy 380th E
    Aubrey, TX 76227-8368
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.